Rhode Island Has the 5th Highest Average Monthly Energy Bill in the Nation
GoLocalProv Business Team
Rhode Island Has the 5th Highest Average Monthly Energy Bill in the Nation
Measuring the difference in energy costs in every state and the District of Columbia, WalletHub concluded that Rhode Islanders have the 5th highest monthly energy bill in the nation for 2015.
The study summed the total monthly cost of four different sources of energy: electricity, natural gas, motor fuel and home heating oil. WalletHub concluded that the average monthly energy bill for Rhode Islanders is $346.00 made up of $98.00 to electricity, $54.00 to natural gas, $95.00 to motor fuel and nearly $100.00 to home heating oil.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLASTDespite the comparatively high energy bill, Rhode Islanders actually have low relative consumption of both electricity and motor fuel. Rhode Island actually has the 5th lowest electricity consumption per total housing units and consume the 3rd lowest amount of motor fuel.
On the other hand, it comes as no surprise that Rhode Island has the 3rd highest average per household consumption of heating oil.
The WalletHub graphic below ranks the states from lowest average energy bill to highest.
The full publication of WalletHub's study can be found here.
The 15 Costliest Government Programs in RI
#15 Non-Highway Transport
Category: Transportation
Cost Per $1,000 of Income: $4.87
National Rank: 4
#14 Community Development
Category: Environment and Housing
Cost Per $1,000 of Income: $4.97
National Rank: 12
#13 Sewage & Solid Waste
Category: Environment and Housing
Cost Per $1,000 of Income: $5.09
National Rank: 36
#12 Health & Hospitals
Category: Social Services
Cost Per $1,000 of Income: $5.40
National Rank: 49
#11 Other Ed. & Libraries
Category: Education
Cost Per $1,000 of Income: $6.00
National Rank: 12
#10 Fire
Category: Public Safety
Cost Per $1,000 of Income: $6.50
National Rank: 2
#9 Highways
Category: Transportation
Cost Per $1,000 of Income: $7.66
National Rank: 48
#8 Police
Category: Public Safety
Cost Per $1,000 of Income: $7.87
National Rank: 13
#7 Utilities
Category: Utilities and Liquor Stores
Cost Per $1,000 of Income: $9.25
National Rank: 40
Note: Utilities are not considered to be "direct general expenditures." Instead utilities are categorized as "other direct expenditures." The category is a U.S. Census Bureau term. Unlike some states, Rhode Island does not have state-run liquor stores.
#6 Gov't. Administration
Category: Administration and Debt Interest
Cost Per $1,000 of Income: $11.05
National Rank: 16
#5 Interest on Debt
Category: Administration and Debt Interest
Cost Per $1,000 of Income: $12.13
National Rank: 3
#4 Higher Education
Category: Education
Cost Per $1,000 of Income: $13.59
National Rank: 45
#3 Pensions and Other
Category: Insurance Trust
Cost Per $1,000 of Income: $39.62
National Rank: 4
Note: Other than pensions this area of spending includes unemployment security, disability insurance, and workers compensation. Together, these expenses are categorized U.S. Census Bureau as "insurance trust."
#2 Public Welfare
Category: Social Services
Cost Per $1,000 of Income: $46.90
National Rank: 7
#1 Elementary and Sec. Ed
Category: Education
Cost Per $1,000 of Income: $48.59
National Rank: 15
